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Fast2F Fast2F
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Posts: 1470
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6 years ago
To calculate dividends on par-value preferred stock:
A) multiply rate times par-value per share.
B) multiply number of shares outstanding times rate times par-value.
C) multiply the number of shares issued times rate.
D) None of these answers is correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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Posts: 772
6 years ago
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Fast2F Author
wrote...
6 years ago
I was skeptical at first but decided to give this a try.

Happy I did, you guys are so smart
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